Outlook & Strategy
Keel laid for Japan-bound hybrid cable lay & construction vessel
Norwegian ship designer and shipbuilder VARD has held the keel laying ceremony for what is said to be a highly customized hybrid power cable lay and construction vessel that will serve the Japanese offshore wind market. VARD is building the vessel for Toyo Construction, a Japanese general constructi
European shipowners: Shipping should be given ‘priority access’ to clean fuels
Reflecting on the recently published Draghi report, European Community Shipowners’ Associations (ECSA) have presented in a position paper their recommendations to support the uptake of clean fuels in shipping.
MPCC continues fleet renewal, secures new charter contracts
MPCC is continuing its fleet renewal with the acquirement of four 3,800 TEU wide beam eco-design vessels at a total price of $180 million. Separately, the company has agreed on new 24-26-month charter contracts for vessels AS Anne and AS Pamela.
Regulatory framework is vital for accelerated adoption of MASS, new report says
The widespread adoption of maritime autonomous surface ships (MASS) into global shipping hinges on a ‘robust’ regulatory framework and a ‘human-centric’ international collaboration, a new joint report by UK-based classification society Lloyd’s Register and Japan’s shipping giant Mitsui O.S.K. Lines
CLdN seals order for 10 new fuel-efficient container carriers in a ‘decisive step’ to expand into LoLo segment
Luxembourg-based shipping group CLdN has firmed up an order for ten newbuild fuel-efficient load-on / load-off (LoLo) container vessels as part of its expansion in the LoLo segment within its container carrier fleet. The new ships will be built by HD Hyundai Mipo in Ulsan, South Korea, and have a ca
Schoeller Holdings and DOS order four future-ready CSOVs for offshore wind, offshore energy markets
A joint venture (JV) between Schoeller Holdings and Deutsche Offshore Schifffahrt (DOS) has ordered four commissioning service operation vessels (C-CSOVs) for deployment in the offshore wind and other segments of the offshore energy sector, marking its entry into the market which is, according to Ph
European operations’ move to new Dutch location brings UK firm closer to its partners
UK-headquartered Tocardo, a producer of tidal and free-flow water turbines, has relocated its European operations from Den Oever to Vlissingen, Province Zeeland, Netherlands. The move places the company closer to key partners in the Offshore For Sure (O4S) project, such as Water2Energy, World Class
McDermott and BW Offshore join forces on offshore ammonia production
McDermott and BW Offshore have entered into a collaboration to advance the technical and commercial viability of offshore blue ammonia production.
Threefold approach needed for maritime decarbonization
A three-pronged approach would be required for the shipping industry to deliver the International Maritime Organization’s (IMO) decarbonization targets, according to Seas at Risk, an umbrella organization of environmental NGOs promoting policies for marine protection.
AFC Energy launches ammonia cracker subsidiary
AFC Energy has launched Hyamtec, a wholly-owned subsidiary established to commercialize the company’s next-generation distributed ammonia cracking business.
Maersk CEO: Global regulator must ensure price parity between green and fossil fuels
Vincent Clerc, CEO of Danish shipping and logistics giant Maersk, has reiterated the importance of introducing a global maritime fuel standard and a pricing mechanism that would reduce the existing price gap between green and fossil fuels.
European Commission approves joint control of France LNG Shipping
The European Commission has granted approval for the joint acquisition of France LNG Shipping (FLS) by a consortium including Japanese shipping colossal NYK, French shipowner Geogas Maritime and compatriot infrastrucure fund manager DIF Management, as well as capital market company Marigold, a subsi
RWE and AM Green ink long-term ammonia supply deal
RWE Supply & Trading has signed a memorandum of understanding (MoU) with AM Green Ammonia (AMG), a subsidiary of AM Green Group, for the long-term supply of green ammonia.
Grimaldi Group secures majority stake in Heraklion Port Authority, expanding footprint in the eastern Mediterranean
Italian shipping colossal Grimaldi Group has secured a majority stake in the Heraklion Port Authority (HPA), inking the first lines of a new chapter for the port’s growth and development as estimates suggest the acquisition could expand the port’s trade capabilities and accelerate its transition tow